Obama, Peru president agree on need to conclude TPP talks quickly
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E-mailWASHINGTON (Reuters) - U.S. President Barack Obama and Peruvian President Ollanta Humalla agreed in a phone call on Thursday on the importance of concluding negotiations swiftly for a Pacific trade deal, the White House said.
The Trans-Pacific Partnership, or TPP, seeks to cut trade barriers and set common standards for 40 percent of the world economy and will be a legacy-defining achievement for Obama.
(Reporting by Eric Beech; Editing by Paul Tait)
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